IE · XBRL financial data

Ivanhoe Electric financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (IE's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	239	1,671*	360	538	671	1,332*	735	1,068	545	896*	858	724
Cost of revenue	275	1,271*	100	192	256	470*	293	294	266	273*	353	356
Gross profit	(36)	400*	260	346	415	862*	442	774	279	623*	505	368
Research and development	1,247	892*	810	842	871	330*	52	55	54	114*	404	174
General and administrative	11,445	13,468*	12,601	10,694	10,859	10,586*	11,586	9,721	9,126	8,809*	9,862	8,266
Operating income (loss)	(46,972)	(47,456)*	(56,881)	(48,546)	(41,829)	(29,695)*	(27,004)	(25,635)	(23,589)	(37,343)*	96,756	(21,480)
Interest expense	2,551*	(1,218)*	1,816	1,815*	1,691*	(2,423)*	1,657	1,828*	1,360*	(2,049)*	1,443	1,441*
Other income (expense)	(337)	844*	3	(12)	(99)	216*	(606)	590	(1,133)	(71)*	782	157
Income tax expense (benefit)	0	(384)*	(26)	0	0	58*	0	0	0	12*	12,195	(51)
Net income (loss)	—	year only	—	(46,783)	(43,236)	16,908*	(30,515)	(23,851)	(17,521)	(33,987)*	41,736	(24,652)
Earnings per share, basic USD per share	0.74	—	0.46	0.39	0.36	—	0.24	0.18	0.13	—	(0.27)	0.16
Earnings per share, diluted USD per share	0.74	—	0.46	0.39	0.36	—	0.24	0.18	0.13	—	(0.26)	0.16
Weighted average shares, basic thousands of shares	104,866	118,702*	120,246	120,338	120,406	120,519*	126,664	132,603	132,910	141,995*	152,225	158,352
Weighted average shares, diluted thousands of shares	104,866	118,702*	120,246	120,338	120,406	120,519*	126,664	132,603	132,910	141,995*	158,481	158,352

Balance sheet

CSV

Fiscal quarters (IE's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	249,045	205,043	179,361	133,811	81,073	40,971	98,163	88,050	69,479	173,263	289,820	256,878
Accounts receivable	2,408	1,041	4,319	2,618	2,774	762	111	8	81	14	157	2
Inventory	4,756	5,013	5,313	5,507	0	0	—	—	—	—	—	—
Prepaid and other current assets	—	—	—	—	—	—	—	—	—	3,394	—	3,960
Total current assets	260,787	216,486	191,846	147,006	104,737	69,286	114,255	104,287	87,677	180,193	301,465	270,127
Property and equipment, net	4,678	6,645	7,823	8,955	7,106	9,667	10,920	10,559	9,941	9,289	7,028	7,489
Total assets	532,906	487,226	461,156	416,273	375,428	374,932	414,388	400,471	386,151	483,273	594,311	584,820
Accrued liabilities	—	3,481	—	—	—	2,367	—	—	—	6,465	—	—
Total current liabilities	62,484	39,723	39,214	40,200	41,931	33,416	37,181	27,147	61,997	53,875	48,228	53,497
Lease liability, non-current	641	1,199	1,581	2,037	1,680	1,561	1,455	1,330	1,242	1,079	410	748
Total liabilities	144,114	110,945	111,424	113,149	115,177	94,501	99,042	89,694	92,390	59,705	48,638	54,245
Accumulated deficit	(354,345)	(401,504)	(457,015)	(503,798)	(547,034)	(530,127)	(560,642)	(584,493)	(602,014)	(636,001)	(594,265)	(618,917)
Total stockholders' equity	388,201	374,251	331,498	289,155	250,074	268,641	306,971	293,337	280,128	416,112	540,277	525,819
Total liabilities and equity	532,906	487,226	461,156	416,273	375,428	374,932	414,388	400,471	386,151	483,273	594,311	584,820
Common shares outstanding (cover page) thousands of shares	119,038	120,306	120,307	120,398	120,456	132,565	132,590	132,817	144,715	157,423	158,292	159,590

Cash flows

CSV

Fiscal quarters (IE's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	—	year only	—	(46,783)	(43,236)	16,908*	(30,515)	(23,851)	(17,521)	(33,987)*	41,736	(24,652)
Stock-based compensation	5,651*	4,749*	3,345	4,069*	4,028*	3,522*	2,973	3,375*	2,728*	2,581*	2,582	3,153*
Depreciation and amortization	419*	507*	622	713*	494*	874*	622	740*	808*	781*	564	503*
Net cash from operating activities	(41,142)*	(43,543)*	(49,959)	(44,542)*	(36,890)*	(30,705)*	(15,775)	(19,998)*	(27,724)*	(25,703)*	(42,310)	(19,965)*
Purchases of property and equipment	585*	436*	672	504*	59*	1,695*	2	1,256*	(92)*	37*	597	227*
Net cash from investing activities	(73,775)*	(36,119)*	(1,467)	(1,249)*	(10,059)*	(1,695)*	(2)	(1,987)*	9,788*	(3,212)*	115,163	(16,240)*
Proceeds from issuing common stock	299,924*	19,698*	0	0*	0*	0*	65,590	252*	0*	165,287*	0	0*
Net cash from financing activities	300,313*	35,490*	26,000	1,074*	135*	(8,314)*	70,815	10,101*	2,125*	131,681*	42,993	3,153*
Net change in cash	185,436*	(44,002)*	(25,682)	(45,550)*	(46,740)*	(41,762)*	55,287	(11,306)*	(15,834)*	102,817*	115,547	(33,393)*

Compare with peers

SIC 1000 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1000 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Ivanhoe Electric	256,878	724	(19,965)*	159.6M	12.9 quarters	Q2 FY26 10-QJun 30, 2026
USA Rare Earth	1,530,147	5,821	(56,868)*	244.7M	26.9 quarters	Q2 FY26 10-QJun 30, 2026
Niocorp Developments	415,004	not reported	(4,011)*	145.8M	103.5 quarters	Q4 FY26 10-KJun 30, 2026
Lithium Americas	822,782	not reported	(5,569)*	363.0M	147.7 quarters	Q2 FY26 10-QJun 30, 2026
TMC the metals	98,655	not reported	(20,100)*	441.1M	4.9 quarters	Q2 FY26 10-QJun 30, 2026
Dakota Gold	99,296	not reported	(7,357)*	134.2M	13.5 quarters	Q2 FY26 10-QJun 30, 2026
Cleveland-Cliffs	77,000	5,612,000	224,000*	570.6M	—	Q3 FY26 10-QSep 30, 2026
U.S. Gold	27,115	not reported	(3,541)	16.5M	7.7 quarters	Q1 FY27 10-QJul 31, 2026
MP Materials	429,075	108,490	6,848*	178.1M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.